2407, Peninsula Five - Tower 3
Sold prices and rental history: sold twice, last in December 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2407, Peninsula Five - Tower 3
What is 2407 worth today?
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Source: Dubai Land Department. Updated 25 June 2026.
Key facts
- Type
- Studio apartment
- Size
- 517 sqft
- Floor
- 24th of 36
- Parking
- B1-069
- Developer
- Select Global Development
- Completed
- 2024
- Last sold
- AED 1.5M · December 2025
- Building
- Peninsula Five - Tower 3
About 2407, Peninsula Five - Tower 3
2407 is a studio of 517 sqft on the 24th floor of Peninsula Five - Tower 3, a 36-storey tower in Business Bay completed in 2024 by Select Global Development. It last sold on 3 December 2025 for AED 1,500,000, or AED 2,902 per sqft, 16% above the AED 2,505 studios in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 25 June 2026, is AED 80,000 a year: a gross yield of 5.3% on the 2025 price.
Sales and rents for 2407 over time
2407 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Peninsula Five - Tower 3, and where 2407 sits
All 107 studios →2407 last sold in December 2025 at AED 2,902 per sqft, 16% above what studios in Peninsula Five - Tower 3 were fetching at the time (AED 2,505). Over the last 12 months studios sold for AED 1,360,000 to 1,525,000, around AED 2,763 per sqft, and rent for AED 48,503 to 105,000 a year. 2407's AED 80,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 530 sqft | 1,360,000 | 2,567 | ||
| 9 Jul 20269 July 2026 | 543 sqft | 1,425,000 | 2,624 | ||
| 25 Mar 202625 March 2026 | 541 sqft | 1,495,000 | 2,763 | ||
| 20 Jan 202620 January 2026 | 517 sqft | 1,525,000 | 2,952 |
Peninsula Five - Tower 3
Building321 apartments, studios to 3-bed over 36 floors in Business Bay, completed in 2024 by Select Global Development. 46 sold in the last 12 months.
- Typical price per sqft
- AED 2,648 Up 3.4%
- Typical sale
- AED 2.25M
- Typical rent
- AED 130K /yr
- Typical yield
- 6.0%
Other units on the 24th floor
All 321 units in Peninsula Five - Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 3-bed | 1,722 sqft | AED 3.61MAED 3,614,200 · Jul 2022July 2022 | ||
| 2402 | 1-bed | 876 sqft | AED 2.5MAED 2,500,000 · Apr 2025April 2025 | 170,000 /yr | |
| 2403 | Studio | 518 sqft | AED 1.23MAED 1,230,000 · Sep 2024September 2024 | 71,000 /yr | |
| 2404 | Studio | 533 sqft | AED 1.03MAED 1,034,500 · Jul 2022July 2022 | 75,000 /yr | |
| 2405 | 1-bed | 711 sqft | AED 1.5MAED 1,500,000 · Nov 2025November 2025 | 150,000 /yr | |
| 2406 | Studio | 543 sqft | AED 1.05MAED 1,054,300 · Jul 2022July 2022 | 84,000 /yr | |
| 2408 | 1-bed | 878 sqft | AED 1.78MAED 1,780,700 · Sep 2022September 2022 | ||
| 2409 | 3-bed | 1,683 sqft | AED 3.53MAED 3,531,200 · Jul 2022July 2022 | ||
| 2410 | 1-bed | 895 sqft | AED 2.1MAED 2,100,000 · Feb 2024February 2024 |
2407, Peninsula Five - Tower 3 in numbers
- Sold twice: first on 13 July 2022 for AED 1,012,100, last on 3 December 2025 for AED 1,500,000 (AED 2,902 per sqft).
- Rented since May 2025 on 2 Ejari contracts, from AED 95,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2025 price is 5.3%.
- Studios in Peninsula Five - Tower 3 sold for AED 1,360,000–1,525,000 in the 12 months to November 2026; the building's median across all types is AED 2,648 per sqft.
Source: Dubai Land Department. Updated 25 June 2026.
Questions about 2407, Peninsula Five - Tower 3
What did unit 2407 last sell for?
AED 1,500,000 on 3 December 2025: AED 2,902 per sqft for 517 sqft. The unit has 2 registered sales; the first was AED 1,012,100 in July 2022.
What is the rent for unit 2407?
AED 80,000 a year on the contract signed on 25 June 2026. The previous contract, from May 2025, was AED 95,000.
How big is unit 2407?
517 sqft (48.0 sqm): a studio on the 24th floor of a 36-storey tower completed in 2024.
What is unit 2407 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Peninsula Five - Tower 3 sold for AED 1,360,000 to 1,525,000 in the last 12 months, around AED 2,763 per sqft.
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Mortgage on 2407, Peninsula Five - Tower 3
Starts from the last sale price (AED 1.5M, 3 December 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →